LAXEY had already completed the first of its six-phase development plan.

 

LAXEY

Technology

LAXEY reaffirms trust in Nippon Gases Norway's oxygen dissolvers for Phase 2 expansion

Nippon Gases in Norway, part of the European company Nippon Sanso Holdings Corporation, signed this agreement back in 2024.

Rocio Álvarez Jiménez

Nippon Gases Norway has confirmed it will supply In-Line 630 oxygen dissolvers for phase 2 of the 36,000-tonne annual fish farm operated by the Icelandic company LAXEY.

LAXEY is developing its facility in the traditional seafood community of Vestmannaeyjar, an ideal location for this type of delivery. The company confirmed in April that it had completed the first of its six-phase development plan.

Moreover, it announced in May the successful completion of a €35 million equity private placement and a new long-term financing agreement with Arion Bank to support the continued development of its salmon farming facility.

LAXEY's project to deliver high-quality salmon for both local and international markets is complemented by Nippon Gases' commitment to creating sustainable solutions across the entire fishing and aquaculture value chain.

Regarding this announcement, Responsible for Technical Sales at Nippon Gases Norway, Bård Inge Hansen, detailed: "We are proud of the renewed trust Laxey has shown in us by choosing oxygen dissolvers from Nippon Gases Norway for the second time. The latest order of In-Line 630 units for phase 2 at Laxey will be delivered during autumn 2025."

Furthermore, CTO/COO of Laxey, Hallgrímur Steinsson, said: "The equipment provides high-quality oxygenation at a low energy cost, helping to provide a safe environment for our salmon for years to come."

About Nippon Gases

Nippon Gases, one of the leading industrial and medical gases companies in Europe, has over 100 years of experience and boasts a major presence in Japan, Southeast Asia, Australia, the United States, and Canada, operating in more than 30 countries with nearly 20,000 employees around the world.

It aims to create social value through innovative gas solutions that increase industrial productivity, enhance human well-being, and contribute to a more sustainable future.